NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%

Ethereum Gets a B, EOS Gets an F: Node Quality Study Ranks Top Crypto Assets

Cole Petersen
Cole Petersen
5 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

As competition builds within the blockchain industry, investors and prospective users alike have to undergo the arduous task of evaluating which blockchains have the best fundamental strength. Ethereum has long been favored by users and developers, but over the past three years a plethora of competitors have surfaced, making it difficult to discern which blockchain is the best.

A recent report from Coin Metrics is now offering a thorough evaluation of various blockchain networks, with a specific focus on their node operations. The research group evaluated a myriad of different factors and offered a B to Ethereum, while giving EOS and Binance Chain F ratings.

Node Operations Rankings: Ethereum Falls Behind Bitcoin, Litecoin, and Others

In Coin Metrics’ latest “State of the Network” report, the research and analytics firm offers a ranking of the top 10 blockchain networks – ranked by market capitalization – with a focus on their node operations.

As for what this ranking entails, Coin Metrics notes that they “ranked full nodes in several tiers (A, B, C, and F) depending on their ease of synchronization, update, and maintenance.” It is important to note that both XRP and XLM were not ranked, as they have to rely on API data from Ripple and the Stellar Foundation.

Of the top ten blockchains they ranked, Bitcoin, Bitcoin Cash, Bitcoin SV, and Litecoin all received A ranks, with the research firm not expressing any qualms with the aforementioned Proof of Work networks.

These rankings are particularly relevant at the moment, as nodes are the backbones that underpin all blockchain networks, running and verifying the blockchain, connecting the peer-to-peer network, and more.

Ethereum ETH

Here’s Why ETH and Other Networks Received Low Rankings

Ethereum, which is one of the most popular blockchains for developers to build on, surprisingly received a B from Coin Metrics, which stems from the fact that it requires users to run a tracing node in order to undergo historical ledger auditing.

This node variant takes a long time to synchronize, which is why the research group gave it a B.

Interestingly, only two blockchains received an F rating: EOS and Binance Chain.

Their justification for EOS’s low score is linked to the complexity of extracting the data required to complete an audit. Binance Chain’s low-ranking stems from its “complex fee schedule” for its DEX and its closed source network.

As the markets grow more competitive and investors and developers grow more attentive to the nuances of the various networks, the ease of running, auditing, and synchronizing nodes will become an even more integral part of different networks’ future growth.

Featured image from Shutterstock.
Tweet123Share213ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

bitcoin price btc btcusd 1

Bitcoin Climbs Past $115,000 on Inflation Relief and ETF Flows, But Bearish Signals Loom

Bitcoin (BTC) has extended, surging to a three-week high of $115,500, fueled by softer U.S. inflation data and steady inflows...

James Halver 16 hours ago
bitcoin

Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing?

Bitcoin (BTC) has surged from around $108,000 on September 1 to above $115,000 at the time of writing – recording...

Ash Tiwari 18 hours ago
Bitcoin price news

Bitcoin Bears Shaken—Analyst Says Local Bottom 90% Likely Set

Bitcoin’s current rebound off the $107,200 low has sparked renewed debate over whether the market has already set its local...

Jake Simmons 20 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Here’s How The Bitcoin Price Macro Correction Could Play Out Next

Scott Matherson 9 minutes ago
Crypto

Crypto Pundit Gives Reasons Why Investors Should Be Extra Bullish On XRP

Scott Matherson 3 hours ago
Ethereum

Is Ethereum Currently Undervalued At $4,700? NVT Reading Suggests So

Opeyemi Sule 4 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展望:ビットコイン提携とETF開始で次の暗号資産の巨人となるか

    ドージコイン...

    11 hours ago
  • 鯨が一晩で4,000万XRPを売却、リップル 今後は3ドルのサポートを維持できるか

    鯨が一晩で4,000万XRPを売却、リップル...

    12 hours ago
  • 暗号資産トレジャリーの苦境とQ4に狙う仮想通貨プレセール

    ...

    12 hours ago
  • 10月に上昇が期待される仮想通貨おすすめ6選

    ...

    12 hours ago
  • 新しい仮想通貨が投資家を最速で億万長者に導く ― 既存の「買うべき仮想通貨」を超えて

    ...

    12 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.